Skip to main content

About your Search

FBC 308
English 308
Search Results 0 to 49 of about 308 (some duplicates have been removed)
there is a boom in u.s. oil production right now but you won't see a drop of relief at the pump. we'll tell you why the production spike is falling short. >>> fearless felix redefines awesomeness. his super sonic base jump just doesn't break records, it sent sponsor's red bull's brand into the stats to fear. this could be one of the great marketing coupes of all time. even when they say it's not, it is always about money. melissa: first let's take a look at the day's market headlines the bulls charging ahead to start off the week. improving retail sales in september and better-than-expected earnings from citigroup helped boost stocks. the dow closed up 95 points. not bad. meanwhile the nasdaq posted its first gain in seven sessions. shares of eli lilly lept more than 4%. the drugmaker says the late-stage study of its new stomach cancer drug improved patients chances of survival. >>> investors are punishing shares of bankrate after-hours the financial services company slashed its third quarter and full-year earnings outlook. >>> to our top story tonight according to new reports iran is planning
up, a red alert over china. not what china is planning to do to businesses but what u.s. lawmakers are planning to do to businesses because of china. cowboy libertarian here with a warning. i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. liz: a story that should have everyone on red alert, after chinese cyberattacks american lawmakers on the attack looking to stop american companies from doing business with two of top china tech companies warning they could be a national threat, they can make stuff that can spy on you, but cowboy lyn libertarn said hold you horses, government should not ban businesses of any kind. even if the intentions are good, he is author of, it's nut cutin time in america. the viewers are concerned about spying from china on our intelligence and our corporations what say you? >>
story of the day. the benghazi situation. u.s. officials knew within hours of the consulate attack. dagen: fox news is following that story for us in washington. catherine, what is so significant about these e-mails? >> good morning. they appear to be the most significant we have seen your to date on the libyan scandal. it takes the real-time information on the attacks and those expected of being responsible. this brings the nation's most senior intelligence official and others directly into the loop. the fourth key player here is a cia player. one e-mail found that an islamist group was claiming responsibility for the attack. the reason "the group are claimed responsibility on facebook and twitter and has called for an attack on premises." it looks like terrorism right out of the gate. the initial assessment is all the more disarming to lawmakers. >> from day one is that we got pushed back both from the white house as well as the intelligent community early on. we could not figure it out. it was really strange. they never do that. >> about two days after the attack, they had a new
headlines a surprise surge in u.s. manufacturing gave stocks a triple digit boost. that was early on though and it trade faded. the dow closed up 77 points. one possible reason, ben beanke. the fed chairman defended his money printing ways today but he also said congress must do more to ss ace the recovery. >>> american express will pay more tan $112 million. regulators allege that amex misled customers about debt collected, discriminated against certain card applicants and charged improper late fees. are we in a recession right here, right now? our own peter barnes asked fed chief ben bernanke today and he sort of made aoke of the whole thing. >> i know how it happens. it sort of happens over a nice meal at a french restaurant and -- [laughter] there is a discussion of the data and everybody says, what do you think? yeah, okay. melissa: that is his explanation for how the official committee decide whether or not we're in a recession. he didn't really answer the question it turns out. we get one piece of good news like the manufacturing expanding for the first time in four months. we still
was telecom and consumer discretionary had trouble and struggles and corn prices surging. official u.s. forecast usda report for the harvest and the usda forecast dropped 13% compared to a year ago. that was bullish for prices. weekly jobless claims fell 30,000 to seasonally adjusted 339,000. the report is questionable. may not be as positive as the sharp drop in the case. numbers raise questions after investors call that a statistical fluke. labor department saying no state is to blame for the decline but questions whether california's numbers were weighing in on this remain. dave: all the details are yet to come. larry is in the pitssof the cme. peter will tell us why. tied for the u.s. to avoid a recession giving certain circumstances and scott fries says to avoid technology. we talked about that because of apple. let's start with wary at the cme. a couple down days. looks like a clear direction and today no clear direction at all. what is going on? >> million reasons the market went down monday through wednesday and today there are a variety and no one seems to know and in reality,
week we had the host committee that looked into cyber crimes warning cyber attacks on u.s. financial institutions are going to pick up but wasn't from the group that ties itself to islamic radicals, they're more concerned about cyber crimes from iran and china. melissa: is it less effective if your notes are going to do it? >> we are doing this in reality it is somebody else may be doing it. melissa: china and u.s. on the rocks again for the second time fo,this time it is about solar cells to these. coming up next. lori: one airline is make it possible to use your phone in the air. gold is way down, this is the stock market down a little bit. silver also lower. back with more after this. melissa: china and the u.s. at odds for the second time this week as the subsidy reaches him. rich. >> the commerce department is looking to move forward this week hitting them with terrorists. folks and chinese businesses and trade policies charging that government was heavily subsidizing green energies in other industries. u.s. is also subsidized green energy and one international trade attorney wh
beyond the numbers and find out if the u.s. economy is already in recession. we'll tell you what some economists are saying. if you think the situation was close. obamacare may be making its way back to the supreme court. welcome to "the willis report." gerri: hello, everybody i'm gerri willis. high-stakes of the first debate has candidates leaving. nothing to chance. president obama and governor romney racing to get in last minute prep before going face-to-face first debate next wednesday in denver that is. what should we expect? let's ask bill kristol, editor of "the weekly standard" and byron york, chief political correspondent for the "washington examiner". welcome to you both. byron, i'll start with you. what does romney have to do to show up roads in here. even voters say they don't expect him to win? >> well the thing, he has to do the same thing he had to do all along which present himself as a good alternative to the president who will take the country in a different direction than the president and can point out the numerous flaws in the president's record. i mean, i wonder
and here's what's money tonight. is the u.s. actually in recession but we don't even know it yet? recent numbers have been terrible. many say the economy has stalled. we're going to break it down. >>> plus oil companies throw money at mitt romney like there is no tomorrow. but a new study shows their business is actually better with a democrat in the white house. we have the surprising details. >>> two of america's greatest pastimes together. football and victoria secret models. why the nfl blitz by the underwear company might be pure business brilliance. even when they say it's not it is always about money melissa: first let's take a look at the day's market headlines a surprise surge in u.s. manufacturing gave stocks a triple digit boost. that was early on though and it trade faded. the dow closed up 77 points. one possible reason, ben bernanke. the fed chairman defended his money printing ways today but he also said congress must do more to ss ace the recovery. >>> american express will pay more than $112 million. regulators allege that amex misled customers about debt collected, disc
about putting money back in the states, we'll tell you where to go outside of the u.s. liz: plus an earnings season crystal ball. the competitive edge with two big names that could be setting up for a big beat, and then two names that could fall flat. david: all right. we're going to tell you what drove the markets with today's data download. stocks sliding as hints of a weak earnings season weigh on the market. all three major indices closing the trading day in the red. eight of the ten s&p sectors ended negative, and telecom and technology leading the decline. energy and utilities were today's top performers. the euro falling from are a two week high against the dollar and yen today as uncertainty over spain's need for a bailout continues. the euro dropped a half a percent to $1.29 after hitting a high of $1.31 against the greenback last week. well, oil falling for the second straight day, settling down 55 cents at $89.33 a barrel. concerns of slower economic growth in china and europe's debt crisis will curb demand for oil, sent the prices a little lower. lid liz let's take it
. we have some very specific things happening in libya. u.s. ambassador and three other americans were murdered. the investigation that the obama administration is placing some much importance on has not really started. there are a lot of specific things that run the kentuck about three failures on the part of the administration. so far he simply has not done. >> never too late to talk with the economy and what's going on. consumer confidence continues to plummet. can you take advantage of it at this point? can the president cover his tracks? >> he will try to. i kind of very much agree with the point about specifics. i think mitt romney looked at it in a big way. a smart guy who studies the numbers. but really you have to bring it home to voters with and a dozen examples. how often is mitt romney on the campaign trail? telling a story and what happened to have mo to her. occasionally he will do that. almost always the threat of businessmen. it very impressive, but how about the nurse of the teacher or a hard-working person who works at a corporation. what happened to him or her over t
denied the u.s. consulate in benghazi. the question remains, and why does the administration continue to carry out a political cover-up of the terrorist attack that results in the deaths of u.s. ambassador, christopher stevens and three other americans. in washington, it seems that many americans believe that every bureaucracy and agency in washington is either politicized , incapable, or simply dysfunctional, the result is rising distrust of the government. today, the numbers in our government labored upon the report created suspicion, uncertainty, and a new dimension of mistrust. weekly jobless claims came in with low expectations the president once again asserting that the tax code is designed. in other words from the man was shot in the head and neck if he commuted to work in yemen. we will have the latest developments tonight. the latest in a series of incredible statements by stephanie cutter. touching on the tragedy in benghazi. carter's rationale for why the murder of our ambassador and three other americans has become the subject. >> in terms of the politicization of this, we
. they are naturally part-time. we may start to look like japan where 25% of the workforce is part-time. the u.s. is running around 13%. that is the bottom line. tracy: it is more ripple effects from this. ashley: we're hearing about it almost every day now. >> these companies by the way, got a waiver from health reform to basically say we'll continue with these minimed plans. mcdonald's saying $420 million in costs from health care reform. tracy: liz macdonald. ashley: thank you, emac. as we do every 15 minutes, we're a little late, let's check in with nicole petallides on the floor of the nyse. nicole. >> the dow is down 112 points. i want to look at casual dining stock. yum! brands. we were talking about they reported their water quarterly numbers of at bell. beat the street and expectations. yum! brands is doing well. up 8.25%. they are the parent of kentucky fried chicken, taco bell, pizza hut. they're doing well in the u.s. and talked about china saying china is actually looking good despite the fact of a tough economy over there as well, right pulling back some in china. when i did a comp
replacement tires. and the u.s. -- the u.s. liz: if you need some foreign flavor when the bill back with a french accent but also pick with the u.s. company. she will be back. she is pretty sure these zero make you money. charlie gasparino reason regain him space is he is working the phones. he is coming onto the set right now what really happened. to not everybody else. liz: so i was telling everybody that citigroup the only ceo who ran away from me. so me and got scared and ran away. in 2007 neil cavuto did her hats a telling interview and asked him a very simple question. we just got the tape. listen. >> do you like chocolate or vanilla ice cream, which is your favorite? >> can you give me swirl? >> okay. liz: cannot even choose between chocolate and vanilla. i've got to make sure i can make everybody happy. >> they sent him out for training. to be able, whether you like him or not, part of the job of being a ceo is being pressed ready, being able to talk in front of crowds and being able to give interviews. he was just not that type of person. i think what it came down to no in
? >> i think if we did not get that manufacturing report that came out today and we saw the u.s. was looking more deeply or getting closer to recession, so, certainly, i am not a pollyanna, i will be laying this situation very closely. if we end up seeing more data that is we are heading towards recession or companies say they are slashing their guidance, that would be a concern. melissa: i want to bring it to the individual investor at home. volume and trading in things like e*trade plunged 37% in august. the individual investor is really getting out. we arty thought they were out, they are getting out even more and they are leaving their trading to the professionals, the algorithmic traders. is it a mistake? what would you say about that? >> my first thought would be it is august. a summertime month. is it sequential% change or year over year. at the same time, when you look at any sentiment indicator whether it is the american association of individual investors or others, many individual investors are continuing to move away from equities towards fixed income. if they are wi
in the u.s. dagen: what about the u.s. in the coming weeks tom and where our national gasoline prices will go? $3.81 is the national average today i think. >> yeah, lower. it is going to move lower largely because the west coast surge is over. and also because these are still really excessive prices given the price of crude. we're talking about crude oil less than 90, maybe 110 or less for worldwide crude and gasoline still selling for 130, 140. so we'll drop. i think the biggest drops will come in november. but i think thanksgiving weekend, you will be worrying about your heating oil bill and not so much about your gas bill. dagen: i love you already, but i like you even more that you even know that. tom, thank you very much. >> okay. dagen: from the man who knows more about gas in this country. there you go. connell: the threat to national security is what we're going to talk about coming up, why some lawmakers are taking on this chinese tech giant. dagen: and an apple a day might keep you out of the doctor's office but will also leave your wallet a little lighter. we will explain.
for aircraft and defense products. take those out of the picture and it didn't look so hot. u.s. weekly jobless claims fell more than expected dropping to 369,000. the prior week's figure was revised higher by 4,000 to nine 2000 to match this year's highs touched in april and june. all of that focus on what happened in california. those extraordinary numbers that appeared too good to be true were too good to be true and they had to change as a result of that. >> shares trading down after hours. earnings per share loss of $0.23. the street was expecting a loss of $0.08. revenue at $13.8 billion. the street was expecting $13.9 billion. one thing, the approach is to work hard and charge less and sell devices near break-even and you can pack a lot of sophisticated hardware into a low price point but the question is how well is the device trumping this market. it would seem right now they are missing as far as what wall street expected. dave: this is close to a 10% loss. we have mark sebastian in the pits of the cme. big loss for amazon. is that loss going to hold that after-hours trading loss, it i
point to in the market or do you feel there is bigger driver? >> i think it is about the u.s. economy, the world economy, what is going on europe and spain but also about corporate earnings. i think we're seeing seizing of corporate earnings ere it mixed. people are talking about outlook statements and i saw a statistic today, 90% of them are guiding down here. at, i think that is what is weighing on the market as we have a difficult economy but good corporate earnings seems to be pulling back. melissa:s that surprising to? we were already for this corporate earnings season not to be great and now here comes in. is it worse than expected? did investors maybe think companies were sandbag and coming in here and beat and turns out it was as bad as we thought? >> i think people have been expecting corporate earnings to pull back for a while. melissa: yeah. >> seems like every quarter en we start to have the eaings releases they actually beat it and find a way to beat it. this is the first time we've seen a few companies basically, more companies start to talk about the future is looking a
there is no particular u.s. nexus. the justice has sounded skeptical of broadening this law, the application of this loss in these kind of cases. connell: peter barnes, thank you very much. dagen: you want even more on the supreme court. we have judge andrew napolitano talking with us about protecting the information on your cell phone. connell: that is coming up a little bit later on in the hour. one of the big name banks got a big write up over the weekend. we will tell you more about that coming up next. we are all up today. here are some more winners on today's s&p 500. ♪ dagen: voters are stubborn. 85% of you say you have your candidate and are not changing your mind. what are president obama and romney doing to win over the other 15%? here's that bank that connell was talking about, goldman sachs getting a big write-up from barron's over the weekend. we will tell you why. and your pictures, your text messages even your whereabouts, is this private information fair game for the federal government? connell: breaking news that's just come in from federal reserve board announcing a 9 million dollars
industry is undergoing a major shakeout in consolidation and it may barely survive in the u.s., even with government help. it's been brutalized in recent years by falling prices oversupply and competition from china which continues to invest heavily on solar. >> the global solar market can't support 600, you know, solar module manufacturers today, and so what you are going to see is companies in europe and the the u.s. and china and other places who can't compete go out of business. peter: a green tech research firm gtm research sees another 180 solar panel companies alone going out of business or being acquired by 2015. 27 of them in the u.s. gtm says the shakeout could shut down all u.s. solar cell and manufacturing facilities by the end of next year. lori? >> wow, important energy story to stay on top of. peter barnes thank you very much. >> so president obama and governor romney will be duking it out over their foreign policy in tonight's debate and if you are wondering how it directly impacts you, ask yourself how much you paid the last time you filled up your tank. which candid
and investors han't taken into account the impact of currency on these quters. the u.s. dollar has been stroer during this quarter and europe being weaker and with technology companies having a more gbal exposure that took a al chunk out of earnings more than peop expected that is hitting margins in unexpected way when everybody was hoping things wouljust hold in there they're really disanting in b way. you're seeing stocks fal enormo peentages quickly. melissa: do you think these earnings are telling us abousomething that already nt by or are they looking into the future and srt of tellg us the's a glol slowdown coming? that is what really makes me nervous. >> yeah, if it was ju o quarter you could s maybe this was a little bit of an aberration but wre really starting to see a trend of progressive quarters starting to get slower and slower. seeing that out of china, economic growth quarter after qrter, month after month has been on the decline and the pattern is not going in the right direction. it going from the top left to the lower right when it mes to growth. that's not what you want to s
he could not melissa: i'm melissa francis and here's what's "money" tonight. will the u.s. be the next saudi arabia of oil production? a newreport says we could be the world's top producer by the end of the decade. we'll tell you how. >>> plus a devastaaing cyberattack hits one of the world's largest oil companies. iran is reportedlyehind it. could our electric grids or water supplies, our water suppliese next? we get insight eclusively from a former member of the joint chiefs of staff. >>> crime in chicago is out of control. some officials want to pull the trigger on the bullet tax to rein it in. i think they're a bit off the mark. my favorite chicago alderman isere to disagree with me. even when they say it's not it is aays about money. melissa: first let's take a look at the day's market headlines. stocks adding losses to yesterday's big selloff. new home sales rose to the highest level in two years. but economic concerns voiced by the fed helped send stocks to the downside. the dow fell 25 points. >>> the justice department filing a one billion dollar civil lawsuit aga
taking on a united nations backed group trying to monitor the elections in the u.s.. somesome calling to cut off funds tut un once and for all. we debate and you decide . don't mess with texas. on election day un will be monitoring poling station and texas general said if they overstep texas law he will arrest them and not just texas florida congressman calling to cut u.s. funds to the un over this issue. >> we don't need the un we have a federal election commission and by the way, the un has no jurisdiction over the u.s. electio. you know the new york rubber room for teachers. they are a rubber room for general motor bureaucra. they never cared. they get mon yethere is fraud and abuse. >> isn't there manage wrong with them monitoring our election. >> if there is, how come they haven't complained. it does raise the question. what are they so worried about somebody seeing. there are organizations you may disagree with organizations. bu they are concerned about voters suppression and want mber there to keep an eye on it. >> a lot of them are concerned out frankly is that obama might los
pushing their plans to rev up our economy and we find t it's still not in full recovery mode andore u.s. companies are announcing major firing, not hiring. the president has his pamphlet and the governor has his overall plan. and more on the pamphlet later. and is governor romney's call right or wrong? i'm brenda buttner, it's bulls and bears. we've got gary b smith. tobin smith. jonas max ferris along with tim la camp and steve murphy, welme, everybody. okay. the folks at forbes will tackle the pamphlet plan in one hour, fair and balanced. what about the plan to overhaul the tax code. what is it going to mean for jobs. >> i think it's going to be great for jobs. ovrhauling the taxes is the thing that the governor and hopefully president romney can do. and incents, if that's a word, every individual and corporation out there. provides a path of what they're going to do, what they're ing to pay and if it's simplified and overhauled, it will get rid of hopefully a lot of the special interests, whic takes the government out of the intervention and provides a clear playing field for everyon
high. sales of new single-family homes in the u.s. rising 5.7% in september. so again, in fits and starts we are seeing better news out of the housing market. home builders rallying on the news, we have pulte group and all of them up 1% to 3%. even as mortgage applications explode we got that data as well. on the other hand, going down below $86 a barrel just as the cme trader warned you on monday that it would. he actually said i see no were to go but 86, it is ahort-term trade and we are below 86 at 85-82, prices falling 1/5 great day in a row but moving lower today it closed above $85.69 which was yesterday. let's see what our traders can predict. it is the one, the only fox business 4 show on countdown to the closing bell. we have traders at the cme and the nymex, with your prediction now we have the federal reserve, they could have reached in but spend a lot of time? >> the fact of the matter is there's nothing left for them to say unless they offer some surprises and that is not likely all the you have to be concerned with ben bernanke starting to let whispers out that he
" with melissa francis is next. melissa: i'm melissa francis and here's what's money tonight. the u.s. tightens the noose around iran. a slate of new sanctions aiming for the heart of iran's oil industry. will they fuel even more chaos for the regime? >>> drilling for energy in a volcano. it's a brand new technique called hydrosheering which could give fracking a run for its money. the head of the company behind it is here exclusively to break it all down. >>> restaurant chains move more workers to part time to avoid health choir reform costs. i will talk to the vice president of white cools sell whether more businesses will follow. it is another fox business exclusive. even when they say it's not it is always about money. the melissa: first take a look at the day's market headlines. s&p downgrading spain's credit rating by two notches. that happened moments ago. om bbb plus to bbb minus. the ratings agency citing significant risk to economic growth and budget terri performance for the downgrade. i would say. >>> cut in forecast for global aluminum demand by alcoa and earnings warning by chevro
better than that lori: do you think we're facing a similar path and the u.s. or do you expect americans to leave? >> it is very possible. there is some indication that some americans are already looking for ways to protect their income, protect their wealth. and you cannot blame them because of somebody -- i mean, it's the same thing. if i'm walking down sixth avenue and someone comes and says, i want all your money. my first inclination might be to try to save my life. secondly, protect their asking me for. if i can't, maybe of turnover. if i feel like i have a way to beat them up before they beat me up, sure, help protect its in my pocket. this is the government basically being a moderate. they get to do it legally and there is not all lot you can do to stop them. lori: remind me what tax reform should look like. >> we ought to be taxing consumption instead of productivity. the things that make an economy strong our work, savings, investment. those are things that make us stronger. we penalize the very things that are productive. we ought to be rewarding people are working and saving
, is there any way chrysler still in doubt with a lot of u.s. taxpayer dollars that fiat could dig into that pile of cash chrysler has ordered to pay off big debt because of what is happening in europe? >> yeah, they own chrysler so anything that affects fiat affects chrysler, but this all comes back to how this was structured in the beginning. bankruptcy experts were consulted instead of auto industry experts as the main goal was to protect the uaw and favorite groups. this wasn't done by what was best for the auto industry, it was done to protect cronies and taxpayer money was dished out and now we're in a situation it turns out things aren't as great as it would have appeared to be. they were also downgraded by moody's and general motors invested i think $400 million. there is no reason for that. taxpayer money can definitely go into the european companies. there is a lot of questions. david: there are certain firewalls to make sure that cash that can be identified as u.s. cash remains untouchable, however as we know when he is responsible and people can move it around in all kinds of ways. as
is the result of a stronger u.s. dollar which we had at play as well so energy prices i tory as far as commodity prices and continued to be in the evening session. ashley: ge invested $22 million in a company last year that hopes to become the apple of the prefabricated building industry. how they plan to build their way to the top? joining us in a fox business exclusive, project fraud ceo, and in 2006, what exactly does project fraud stand for? >> stands for the new way of building. we provide components for commercial construction. the result is highly functional energy efficient buildings that the superfast. ashley: you were at bp for 20 years. what made you jump out of that and say i want to build containers? >> for us it was we build permanent buildings. they are not containers. they stand a test of time and are esthetically beautiful. they have a wonderful experience for 20 years understanding the energy supply chain working on renewables and it felt right to apply it to the environment which contributes 40% of emissions. ashley: how has it gone since early days? >> it has been a great les
rothman. u.s. officials blaming iran for recent string of attacks on u.s. banks. a threat to our national security. melissa: election over three weeks away. is your portfolio ready? we have the dos and don'ts before everybody votes. you have to be ready. lori: i hate the idea, melissa like this, but the company provides mobile service for names like in red, high airways and virgin atlantic. could it be coming to u.s. carriers? the company's ceo joins us to convince me straight ahead. melissa: time for stocks, the floor of the new york stock exchange, nicole petallides standing by. up 86. nicole: we have been looking pretty good on the dow, nasdaq and s&p on this day. off three of the last four trading weeks. we had been up 100 points earlier today, but still a gain of well over half a percent for the dow and the s&p. some traders are taking a breather, not putting too much merit into today's pop. also, the nasdaq composite snapping six days of selling, we will see whether or not that holds going into the closing bell. retail sales numbers show continuing improvement for the month of septe
at the presidential debate? neil cavuto joins us live in minutes and later who will win? melissa: lori: the u.s. handing out financial assistance. a a shocking new report on the government's wasteful spending. melissa: those rub us a wrong way but it is time to check stocks. let's go to the stock exchange. nicole petallides standing by and marketing rally mode. city one of the big movers of the day. nicole: from earnings to the economy and vikram pandit, quick resignation, many say he was right out of citigroup by the board and chief operating officer went along with it. major market average, the dow is up 118 points, that is a gain of 0.9%. and the nasdaq is up 1% up 32 points. tech is doing well. we are seeing gains across the board and we continue to follow citigroup closely. we came in and we hear that vikram pandit is no longer a basile effective immediately. this socked wall street to hear he stepped down on his own and many speculate and sources -- the feeling was the board was pretty much done with vikram pandit. we have a long charge in 2007. and refers stocks. melissa: thanks so much.
-mobile usa and metro pcs are going to combine and create the value leader in u.s. wireless marketplace. so there you have it. 12.74. the dow and nasdaq and s&p right now all with up arrows. we are seeing the dollar stronger today. spain saying they don't need a bailout today. of course i always continue to watch those european headlines. bank stocks retail drugs and the transports all have up arrows. dagen and connell? dagen: thank you nicole. connell: finally tonight is the night. president obama and mitt romney will square off in their first presidential debate. dagen: peter barnes is in denver where the opponents will go toe-to-toe. hey peter. peter: hey dagen and connell. listen, mitt romney hopes these depates will help -- debates will help him overtake president obama and pull ahead here and use these debates to try to close the race with the american people. the new poll shows the race tightening, 49% for obama, 46% for romney, among likely voters, within the margin of error. there's a lot of debate over whether these debates can make a difference in these elections. looking in hist
voters in the u.s., he misread the situation. neil: they just hate us. >> not just hate, there is a conflict in place, between folks that want world to live like them, they see u.s. standing in their way, you don't want women to go to school, you don't want women to drive, they hate our freedoms and they hate our democracy, they see u.s. as a force for of that the world they try to dreyfus out, but -- drive us out, but the president bought into this notion, the way that middle east of the way it was because we were mean to them, and they don didn't like george bush. and what happened, president obama did nothing, he said i'm not going to interfere. neil: what should mitt romney do to distinguish himself there moving forward we want to avoid war, armed conflict should be last solution. the last alternative. and the firmer you are in leaving that option on the table, the less likely you will have an armed conflict. let's go back 6 months, as we worked in senate on trying to get a bipartisan package of sanctions against iran, white house was trying to water them down, every
in the u.s. dollar, yes, the greenback, was doing so well metal's investment sparkle and a bunch of the metals as well. gold is plummeting. the dollar is muscling up. let's get right to the floor show. traders at the new york stock exchange, cme group and the nymex. ben willis, i want to get to gold falling $20 in just a minute but looking at equities today, this is a significant rally on a day where we're following six negative sessions. suddenly, equities look good. is this all the retail sales number that came out this morning? >> no, not at all. this is more has to do with china and their ability to export their economy. when china -- obviously one of the largest economies in the world -- can export, not only good for china, but that means other countries are buying so the economy is improving. that set the tone. citi bank continued the follow through. after six straight down days, the market is going to get some sort of relief rally. i think that's what we're seeing. the retail sales were definitely additive to it but with all those pieces together, not the least of which wh
. a little concern over the employment situation there. but if you look at the breakdown of the u.s. pmi, you kind of hit on all cylinders. the prices paid was actually a little higher, but if you're trying to reflate the market, that's a decent measure. it had been 54 last month, 58 this month. the employment sector picked up, new order sector picked up, but we did see an uptick in the employment sector. i think you hit it on the head, ashley, that's what the market's taking focus on today. aaron ash all right, let's go to ben willis at in ncse -- nyse. does this point to a much better recovery than we thought perhaps? because i think there's still a lot of mixed data out of there. >> oh, i think we're a little ahead of the game if we're looking for the recovery, but as we just heard, the fact of the matter is most investors are looking at the headlines, you have to scratch your head because it's not very positive. it's showing contraction around the world in all the pmi numbers we saw, but what was interesting in the chinese number we did see a stabilization, particularly in their basic mat
climbed to 82.6 rising five.5 points from last month and a surprise to the upside with u.s. gross domestic product rising 2% accelerating from the second quarter, 1.3%. consumer spending which was the biggest impact on gdp is 70% of all spending increase 2% from 1.5% in the third quarter and government spending jumping 3.7%. dave: we have kevin grady in the pits of the cme and peter kenny, limited potential for stocks. just hold on to this year's gains. mike gibbs on the other hand doesn't see the downside risk and he is bullish on stocks. i want to start with kevin. we have this gdp move. it is up a little more than expected but it is -- a lot of it is government spending. as far as business spending and exports they are down. is that why the market was having trouble finding footing today? >> i think it is. you have to look at the internals of the report. 2 presented a good feel good number but when you dig into what drove that 2% was government spending and consumer spending. with an economy that appears to be flat on its back and cannot gain any momentum to the upside how much longer c
investor uncertainty back in the u.s. many believe and say it is coming, they just do not know when. they would like to know when. when the head of spain is saying, no, not yet, it gets them upset and you start to see red on the screen. the dow jones industrials crossing the unchanged line 11 times before flipping into the red for the rest of the day. we always look for the silver lining here. one stock way up. metro pcs leading the s&p 500 today. seeing double-digit gains in hindi a new high today after reports that george telecom was close to a deal to merge it t-mobile branch with metro pcs. could not get it done with at&t. consumer sentiment, that is how you guys feel about buying things, it has a four month high. holiday sales are expected to rise. that is lower than the past two years. coming up this hour, arthur martinez, the forming chairman and ceo of sears joins us in studio. jcpenney under his stewardship. sears had its most successful year in history back in 2000. but, that of course, was then, this is now. what does arthur martinez have to say. he sits on the board of t
performing sectors. technology and telecom lagged. u.s. manufacturing activity rose for the first time in four months in september. it rose to 51.5 from 46.6 in august. readings indicate a bit of expanding economic activity. construction spending fell in august for the second month in a row posting its biggest decrease in more than a year. construction spending dropped 0.6% in august. lauren: we are live in indianapolis with a look at ben bernanke's market moving speech today. scott bower in the pits of the cme and john manly says why it's time to buy into some european markets, huh, i don't know. we got to get to that. rich edson, mr. ben bernanke had a strong message to congress, to the markets, but -- go ahead -- there was a message for main street. tell us about that. >> yeah, he did. a number number of different wae put it, a big defense for qe3 and the monetary policy has been pursuing this in response to the fox business network. the u.s. is not in a recession now. he's worried about stagnation, not monetizing the debt. he says they'll sell asset off, and they expect to keep pol
on wells fargo. thank you for joining us. the u.s. attorney general is striking against wells fargo. let's get to robert gray. robert: it is a civil mortgage fraud lawsuit. the u.s. attorney state attorney office in man hadn't filing a lawsuit againsthattan filing a lawsuit against wells fargo the government complaint looking at a decade of misconduct in connection with wells fargo participation in the federal housing administration's direct endorsement when there program and as a result of wells fargo's false certification the f h a paid hundreds of millions of dollars in insurance claims on thousands of mortgages which defaulted. they are going after wells fargo with a civil mortgage fraud lawsuit going back more than a decade. we will follow this story for you. liz: the stock is down 1/2% from wells fargo. very successful, southern district of new york for going after insider trading and other cases and it is wells fargo talking about is false certifications. we are watching the story closely. the dow is down 1/2% at the moment..o cf1 o robert gray will interrupt and get us more on th
. he came to the united states in january 2012 for the sole purpose of carrying out a plot on u.s. soil. he is charged with attempting to use a weapon of mass destruction and attempting to import materials from al qaeda. he assembled what he believed to be a 1,000 pound bomb in the van. he drove to the new york federal reserve bank in lower man hat and an attached the detonator what he believed to be the bomb. he parked the van and walked to a nearby hotel and repeatedly tried to detonate the bomb and the van did not blow because the explosives were not real and. consequences. it is important to emphasize that the public was never at risk in this case because actually an the suspect now at federal court in brooklyn. back to you. melissa: amazing. the impact of this on the economy would have been absolutely crippling. thank you so much for that report. wow!. >>> letts take a look at the day's market headlines. the bulls two-day rally losing steam despite strong date from the housing sector. disappointing earnings from ibm and intel weighing on investors. the dow just gained five points.
is skyrocketing and the iranian real is plummeting to record lows against the u.s. dollar. supplies of basic goods are running short. so could iran's own economy and not the u.s. or israel be the thing that brings the iranian regime to its knees? joining me now on this are fox news mid-east analyst, co-chair of mitt romney's mid-east advisory group and author of, the coming revolution, walid phares. a lot of titles there. we have the vice president of foreign defense policies studies at the american enterprise institute. thanks to both of now for joining us. these are dramatic pictures and dramatic events. as i'm reading about this, i'm reading about tear gas being used against demonstrators setting fire to tires. there there is all kinds of reports what is going on right now in iran. i mean is this the beginning of something big? walid, what do you think? >> well, yes that is the next wave we've been waiting for. remember in 2009 there was a massive demonstration of about 1.5 to two million iranians. mostly youth. but that was a political reason. now because of an economic reason. it is very seri
the 1970s, and a new report from the chamber of commerce says the u.s. is really no better off than it was during the iran hostage crisis. energy security is basically a country's energy use and then its access to that energy. on the u.s. chamber of commerce list, the united states ranks 7th behind mexico, the u.k., norway, new zealand, denmark, australia, and ahead of canada, germany and many others including china and russia. while the u.s. has plenty of challenges on energy use and supply, the energy information administration says there's a significant reason for optimism. natural gas. >> as energy use is reduced on a per capita basis, vulnerability to shocks, i think, is reduced. this growth in shale gas and tight oil has made an unbelievable difference to energy security in the u.s. and this looks like a pattern that is set to continue. rich: the report says u.s. technology to secure and use natural gas coupled with energy efficiency could lead u.s. oil imports to drop significantly in the next decade. as for the candidates, romney says he wants to reverse obama administration
is -- dupont is the number one. dagen: thank you so much. there are only 90 days left until the u.s. goes over the fiscal cliff. our fair, find representative -- we have forbes opinions editor joining us now. will we avoid this? everyone seems to be not so worried about it. should we be? >> we will avoid it. politicians have an opportunist jean. i think there also is, even among democrats, a belief to be the wrong time to raise taxes on the productive in society. dagen: what will the deal look like? will it be a temporary extension of everything? the sides are drawn over that income tax increases for wealthier americans. >> my guess is there will be something temporary. politicians love to cook something down the road. they will get something temporary in place so the debate and rhetoric can continue into the new year. they will not let this lapse because they do not want spending cuts forced on them. dagen: what about the spending cuts? >> it does not look like there is much desire on either side to extend it. it does not look like they will turn it into something political. it will really be
Search Results 0 to 49 of about 308 (some duplicates have been removed)